Custom content for Omnia Partners by studioID
Although often overlooked, undermanaged spend categories remain essential to the efficient running of your business and may hold greater risk—and opportunity—than realized. When sufficiently mined for the opportunities they provide, traditionally undermanaged spend categories such as Maintenance Repair and Operations (MRO) and Freight and Logistics can unearth cost savings while safeguarding your continuity of business, operational efficiencies, and service levels.
By leveraging deep and long-standing partnerships and vast industry and market knowledge and expertise, Group Purchasing Organizations (GPOs) can help you gain tighter control of your forgotten spend categories. In this playbook, you’ll learn what a GPO is, as well as:
- The Lost Opportunities and Hidden Risks in Undermanaged Spend Categories
- The Many Faces of Risk, including operational, brand and inflation risks
- How GPOs Can Help You Build Resilience and Mitigate Your Risk